MCL Land sold more than a third of Terrasse on May 21 Launch

A total of 150 out of the 200 released units of the “Terrasse” at Hougang were snapped up during its first weekend launch, a spokesperson from MCL Land told Singapore Business Review.

The “Terrasse”, situated in district 19, is consists of 414 units housed in 8 blocks of 5-storey development.

The property with a land area of 325,024 sqft is a “rare large scale development” which offers “high potential for resale and rental”, said property specialist Kenny Tay of apropertyaffair.com.

Attractions of the property, according to Mr. Tay are as follows:

• Rare large plot of land for such big developments in the vicinity;
• Outstanding modern clean-line glassy facade architectural; spacious and effective;
• modern layout for every unit;
• Superb high quality Contemporary interior finishes and fittings;
• Lush Landscaping designed to have a resort in mind.

The estimated quantum price of a one-bedroom unit of around 506 – 538sft at the “Terrasse” starts from $5xxk. Property agents marketing the property reported that units were sold at an average price of S$950 psf.

The people you want to reach are already in this room.

Every quarter, SBR lands on the desks of the founders, CFOs, and directors running Asia's most consequential companies. Every day, they open our newsletter and read our website. It's a room that took twenty years to build — and it's the one most of our partners are trying to get into.

The good news is that the door is open. We work with companies on thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. The shape of the right partnership depends on what you're trying to do, which is why we'd rather start with a conversation than send a rate card.

If you have something this room should know about, tell us. We'll tell you honestly whether we can help, and how.

No rate cards until we understand the brief. It's a better use of everyone's time.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia